| NVTA latest price $17.1600 (6.45%) ($16.0300 - $17.2400) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.97% (three month average) |
RSI | 60 |
Latest Price | $17.1600(6.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 2.2% a day on average for past five trading days. |
Weekly Trend | NVTA advances 1.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(81%) ARKK(79%) XBI(69%) IPO(67%) SKYY(64%) |
Factors Impacting NVTA price | NVTA will decline at least -4.485% in a week (0% probabilities). VXX(-35%) VIXM(-35%) UUP(-18%) TBT(-4%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4.485% (StdDev 8.97%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
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